PLEASE REPLY IN TABLE FORMAT FOR THE FIRST SECTION AND EXPLAIN A,B,C,& D.

Complete the following table, where L is units of labor, Q is units of output and MP is the marginal product of labor.

L        Q        MP        TVC        STC        MC        ATC

0	0		$0	    $12
1	6		  3              15
2	15			       6	
3	21			       9
4       	24		 12
5	26		 15


a.  At what level of labor input do the marginal returns of labor begin to diminish?

b.  What is the average variable cost when Q = 24?

c.  What is the firm’s fixed costs?

d.  What is the wage rate?